News: Spotlight Content

Carey of JLC elected to serve on 2015-2017 CREW board of directors

Name: Jennifer Carey Title:CEO Company Name: JLC Environmental Consultants, Inc. Years in Commercial Real Estate: 25 In the last 12 months, which project, transaction, honor or accomplishment are you most proud of and why? Over the summer I was elected by my peers to serve on the Commercial Real Estate Women (CREW) Network board of directors for 2015-2017. CREW Network's nearly 9,000 members represent nearly every discipline within the industry and are located in over 70 major markets across North America. CREW is dedicated to advancing the achievements of women in commercial real estate and seeks to influence the success of the commercial real estate industry by focusing on fulfilling four key initiatives: business development, leadership development, industry research and career outreach. In addition, after a tough application process, I was accepted into a Goldman Sachs business program which helps entrepreneurs and business owners by giving them what is, in essence, an MBA in defining, forecasting and financing growth opportunities for their businesses. What are you doing to increase your client base from local / regional markets to national / global markets? We are researching different markets in geographical areas that we have targeted for possible expansion. This research helps us get the lay of the land, a sense of the short and long term prospects for growth and will help us identify potential clients and possible partners for collaboration.
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Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin

When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
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Properly serving a lien law Section 59 Demand - by Bret McCabe

Properly serving a lien law Section 59 Demand - by Bret McCabe

Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
The strategy of co-op busting in commercial real estate - by Robert Khodadadian

The strategy of co-op busting in commercial real estate - by Robert Khodadadian

In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:

Formal Legislative Role

Limited direct lawmaking power: The NYC Council is the primary
Oldies but goodies:  The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability